2-bed · 1,255 sqftRiwa Building 1, Umm Suqeim Third · 5th floor

509, Riwa Building 1

Sold prices and rental history: sold once, by the developer in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 17 July 2024
Last soldAED 3.36M17 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Riwa Building 1

What is 509 worth today?

Last sold for AED 3,358,000 in 2024

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17 Jul 2024Sold by developerOff-plan
AED 3,358,000AED 2,676 per sqft

Source: Dubai Land Department. Updated 17 July 2024.

Key facts

Type
2-bed apartment
Size
1,255 sqft
Floor
5th of 10
Parking
1
Last sold
AED 3.36M · July 2024

About 509, Riwa Building 1

509 is a two-bedroom apartment of 1,255 sqft on the 5th floor of Riwa Building 1, a 10-storey tower in Umm Suqeim Third. The developer sold it on 17 July 2024 for AED 3,358,000, or AED 2,676 per sqft, 10% above the AED 2,442 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

2-beds in Riwa Building 1, and where 509 sits

All 43 2-beds →

509 last sold in July 2024 at AED 2,676 per sqft, 10% above what two-beds in Riwa Building 1 were fetching at the time (AED 2,442). Over the last 12 months two-beds sold for AED 3,326,000, around AED 2,650 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Sep 20263,326,000
23 Jul 20254,241,000
29 Aug 20243,389,000
13 Aug 20243,326,000
1 2-bed sale in the last 12 months

Riwa Building 1

Building

86 apartments, 1-bed to 4-bed over 10 floors in Umm Suqeim Third. 2 sold in the last 12 months.

Typical price per sqft
AED 2,650
Typical sale
AED 3.33M
Typical rent
Few contracts
Typical yield
Riwa Building 1, Umm Suqeim Third: prices, sales and rents →

Other units on the 5th floor

All 86 units in Riwa Building 1
Value
5012-bedAED 3.79M · Jun 2024
5021-bedAED 2.45M · Jun 2024
5032-bedAED 4.05M · Jun 2024
5041-bedAED 2.55M · Jun 2024
5053-bedAED 6.56M · Nov 2024
5063-bedAED 6.63M · Dec 2024
5072-bedAED 4.14M · Jun 2024
1–7 of 8

509, Riwa Building 1 in numbers

  • Sold once: by the developer on 17 July 2024 for AED 3,358,000, or AED 2,676 per sqft.
  • Two-beds in Riwa Building 1 sold for AED 3,326,000–3,326,000 in the 12 months to November 2026; the building's median across all types is AED 2,650 per sqft.

Source: Dubai Land Department. Updated 17 July 2024.

Questions about 509, Riwa Building 1

What did unit 509 last sell for?

AED 3,358,000 on 17 July 2024, sold by the developer: AED 2,676 per sqft for 1,255 sqft. It is the only registered sale of the unit.

How big is unit 509?

1,255 sqft (116.6 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower.

What is unit 509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Riwa Building 1 sold for AED 3,326,000 to 3,326,000 in the last 12 months, around AED 2,650 per sqft.

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Mortgage on 509, Riwa Building 1

Starts from the last sale price (AED 3.36M, 17 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,358,000
Deposit, UAE resident (20%)
AED 671,600
Deposit, non-resident (40%)
AED 1,343,200
Monthly over 25 years at 3.7%
AED 13,739

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →